Star Stock: K1 Venture - The 3 pm Thriller

Immediate Resistance: 0.43
Immeidate Support: 0.405

As mentioned on 23rd Mar, K1 Venture will climb up slowly each day. Finally, the previous high of 0.415 was broken on Fri 31st Mar. Looking at the chart, K1 Venture seems to have an Elliot Wave within an Elliot Wave. The bigger Elliot Wave has Wave 1 from 0.32 to 0.41 and Wave 2 from 0.41 to 0.365. Currently, K1 is in wave 3 with a target price of 0.51. Within Wave 3 of the bigger wave, there is a smaller Elliot Wave with Wave 1 ranges from 0.365 to 0.395, Wave 2 retreats from 0.395 to 0.385 and Wave 3 with a target price of 0.43/0.435. If you were to notice the movement of this counter previously, you will notice that it will always become active only around 3 pm (probably the push up fund is from US?). Therefore, to see if this stock is going towards the 0.51 target in the short-term, watch it around 3 pm on monday 3rd April. If there is no movement or news, it will likely return to 0.415, which is the price target of Wave 4 of the smaller wave before testing the peak of wave 5 at 0.465.